Tech professionals have offered mixed reactions about the Australian data breach law which took effect a year ago today, pointing out that in general while it has no big downsides, the legislation has no great upsides either.
If human resources outfit PageUp People's chief executive and co-founder Karen Cariss is to be believed, then whoever it was that breached the company's networks and encountered a very tasty mass of data, left it completely untouched. If only all hackers were as benevolent!
Australia's data breach law takes effect on Thursday, making it mandatory for certain classes of organisations to report data breaches to the Information Commissioner and many have put out the welcome mat for the legislation.
Nearly 60% of Australian businesses are not aware of the details of the data breach law that takes effect on Thursday, a survey by GfK Australia for imaging solutions provider Canon claims.
Australia's data breach notification law takes effect this Thursday and new resources for the public have been released by the Office of the Australian Information Commissioner before the law comes into force.
A Melbourne-based lawyer and business adviser says the new data breach notification law will not be the only one working to potentially internalise the costs of a breach.
A survey of small and medium businesses in Australia with an annual turnover of more than $3 million has found that almost half do not consider themselves ready to cope with a new data breach law that comes into force on 22 February.
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